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Nikkei Invalidated Risk Aversion

Recent developments in Ukraine have been very risk averse to the market and classic safe haven assets classes like Gold and yen saw some capital inflow. And I was long both yen and Gold, but last night something caught me attention which was Nikkei which suggested to me that we are set for a rally. Price structure on Nikkei made me change my mind and from being net long yen which means short xxx/jpy pairs, to being net short yen which means being long xxx/jpy.
Usually in time of uncertainties Ri…
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Convallium avatar

You are write useful articles) Excellent!

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Nikkei and Yen Update

You can find my last update on the Nikkei index and the Japanese Yen here: Why are XXX/JPY Currency Pairs Rebounding?
To be quite honest I'm very impress by the accuracy of my prediction as it seems I've nailed every swing wave so far in the yen and Nikkei index. If you want to trade like a pro when trading the currency market you'll have to look at other correlated markets as well.
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cocciolla avatar

nice analysis,however, it will go up

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Why are XXX/JPY Currency Pairs Rebounding?

Last week I've been giving out my own analysis on the yen pairs,arguing that we may see a rebound in the XXX/JPY currency pairs, you can find my blog post here: Still Confused about XXX/JPY Sell Of? What's next My whole analysis was around the point that Nikkei index which was at an important pivotal point is about to resume the uptrend and thus dragging the XXX/JPY pairs in the direction of the main …
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Still Confused About XXX/JPY Sell Of? What's Next

Still confused about XXX/JPY sell of? Read my blog. If you're confused about recent development in XXX/JPY pairs let me bring some light on what's happening currently with yen pairs. I've been forecasting this retracement in the xxx/jpy pairs since last year, you can check out my blog post here: FX Market Outlook - JPY (part 1)
  • Figure 1. 1989 USD/JPY fractal for today's price action.
I have to admit that I may be wrong and the correction should not be that deep as suggested in Figure 1. B…
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2014 FX Market Outlook - JPY (part 1)

I'm going to give out my Fx Market Outlook for this year and I'm going to start with my favorite currency pair: Japanese Yen. It will be a series of blog post because I want to take the time to go through all the major currency pairs and give my personal outlook for 2014.
We know that currently the YEN pairs is all about Abenomics market policies. The "Abenomics effect" have had a huge impact to revive Japan's economy, strengthening consumer consumer spending. Although many have doubted the mark…
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gmoney7 avatar
gmoney7 1 Jan

Very comprehensive...nicely prepared...All the very best to you...

HOANG_MAI_NHI avatar

very good job

Daytrader21 avatar

Thank you guys, much appreciated

Metal_Mind avatar

Nice buddy. On every blog i learn something new!! this needs to be tweeted!!!

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